U.S. Virgin Islands law & politics

Category Archives: Insurance

By Adam N. Marinelli on July 12, 2018 Posted in InsuranceAny time you find yourself in a circumstance in which you’re waiting for an insurance company to issue you a settlement offer, don’t be surprised if the first offer you get seems rather low. The claims adjuster might believe you to be partially at fault for the situation, or if you were injured, the adjuster… Continue Reading

By Mark Kragel on April 20, 2018 Posted in InsuranceThe U.S. Virgin Islands Office of the Lieutenant Governor, Division of Banking, Insurance and Financial Regulation, has issued a guidance to all property and casualty insurance companies regarding how these entities should notify insured individuals of “underinsurance.” According to the guidance, the Government of the Virgin Islands encourages all insurers to “use all available means”… Continue Reading

By Tom Bolt on January 11, 2018 Posted in InsuranceThose who have suffered considerable damage to their property (residential or commercial) and wish to file an insurance claim must first identify the correct way to move ahead. The first step of the claims process is to find an adjuster to assist with your claim. The big question is: do you go with an independent… Continue Reading

By Tom Bolt on November 2, 2017 Posted in Hurricane,InsuranceHurricanes Irma and Maria have caused massive amounts of property damage throughout the U.S. Virgin Islands. Tens of thousands of people are now in the process of filing homeowners’ insurance claims to recoup all or some of their losses. Unfortunately, while most homeowners’ and renters’ insurance claims do cover damage caused by wind and other… Continue Reading

By Tom Bolt on October 26, 2017 Posted in Hurricane,InsuranceIn the weeks after Hurricane Maria hit, people throughout the U.S. Virgin Islands are seeking whatever assistance they can to help rebuild their homes and their lives. One of the options available is to apply for relief through the Federal Emergency Management Agency (FEMA). Assistance is available for those who have suffered in a federally… Continue Reading